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AP National News

US economy returned to growth last quarter, expanding 2.6%

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy grew at a better-than-expected 2.6% annual rate from July through September, snapping two straight quarters of economic contraction and overcoming punishingly high inflation and interest rates. Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge

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